13FPulse
NV

NVR NVR INC

2026Q2 · CUSIP 62944T105 · Sector: Industrials

Piling in

Net holder growth ranks near the top of the market

Funds that own it
667
Institutions that reported holding it to the SEC
Net increase in holders
+18
Last quarter 649 → now 667
How unusual is that
Top 20%
Stronger buying than 81% of US stocks
What the filings say, in one paragraph

667 funds held NVR at the end of 2026Q2, up 18 from the quarter before. That is stronger buying than 81.4% of US stocks — among the most piled-into names this quarter. On the business itself, revenue over the last 12 months was $9.5B(YoY -9.9%), the P/E is 16.4x, return on equity is 33.7%. NVR has had 21 buying rushes in its history, and the price moved +4.2% on average over the six months after (that is the raw price move, not how much it beat the market by). It sits in the Industrials sector.

How many funds owned it, quarter by quarter

Bars = net change in institutional holders, positive (green) or negative (red). Line = total institutional holders.

2013Q3: holders=182 2013Q4: holders=197 2014Q1: holders=222 2014Q2: holders=207 2014Q3: holders=211 2014Q4: holders=216 2015Q1: holders=220 2015Q2: holders=235 2015Q3: holders=253 2015Q4: holders=268 2016Q1: holders=283 2016Q2: holders=292 2016Q3: holders=286 2016Q4: holders=282 2017Q1: holders=309 2017Q2: holders=349 2017Q3: holders=354 2017Q4: holders=411 2018Q1: holders=410 2018Q2: holders=408 2018Q3: holders=388 2018Q4: holders=368 2019Q1: holders=390 2019Q2: holders=412 2019Q3: holders=446 2019Q4: holders=452 2020Q1: holders=441 2020Q2: holders=449 2020Q3: holders=468 2020Q4: holders=489 2021Q1: holders=502 2021Q2: holders=492 2021Q3: holders=490 2021Q4: holders=557 2022Q1: holders=542 2022Q2: holders=514 2022Q3: holders=504 2022Q4: holders=548 2023Q1: holders=577 2023Q2: holders=596 2023Q3: holders=591 2023Q4: holders=643 2024Q1: holders=671 2024Q2: holders=667 2024Q3: holders=697 2024Q4: holders=690 2025Q1: holders=672 2025Q2: holders=650 2025Q3: holders=673 2025Q4: holders=683 2026Q1: holders=649 2026Q2: holders=667 -67 -33.5 +0 +33.5 +67 163448732 13Q315Q116Q318Q119Q321Q122Q324Q125Q326Q2 Net change in holders (bars) Total funds holding (line)

What happened after each past buying rush 21 times in its history

Quarter of the rush How unusual then Price, next 3 months Price, next 6 months
2026Q2 Top 20%
2025Q3 Top 20% +2.3% +5.2%
2024Q3 Top 10% -9.0% -20.0%
2024Q1 Top 10% -2.8% +15.5%
2023Q4 Top 10% +7.1% +3.8%
2023Q2 Top 20% -3.0% +2.3%
2023Q1 Top 5% +6.8% +3.2%
2022Q4 Top 10% +8.9% +14.9%

These are the raw price moves, not how much it beat the market by. Compare them against the market over the same months — in a strong bull market almost everything is up.

Show all the numbers (large funds, value held, options…) ▾
Of them, large funds
289
Change in large funds
+19
Total value they hold
$16.1B
Funds buying for the first time
88
Funds that sold out entirely
70
Price change that quarter
+10.7%
Funds holding puts (bearish)
0
Funds holding calls (bullish)
0

These are for people who want to dig. Skip them if they do not mean anything to you — the three numbers above are enough.

8,697 institutions have filed for this quarter. 13F permits late filing and a small number arrive in the weeks after the deadline, so the holder counts and changes below may tick up.

Fundamentals

PE (TTM)
16.4
EPS (TTM)
$384.90
EPS YoY
-18.6%
Revenue (TTM)
$9.5B
Revenue YoY
-9.9%
Net margin
12.0%
ROE
33.7%
Debt ratio
38.0%
FCF (TTM)
$1.0B
Dividend (TTM)
No dividend
Quarterly Revenue & EPS
2021-09-30: EPS 86.44 2021-12-31: EPS 88.38 2022-03-31: EPS 116.56 2022-06-30: EPS 123.65 2022-09-30: EPS 118.51 2022-12-31: EPS 133.10 2023-03-31: EPS 99.89 2023-06-30: EPS 116.54 2023-09-30: EPS 125.26 2023-12-31: EPS 121.62 2024-03-31: EPS 116.41 2024-06-30: EPS 120.69 2024-09-30: EPS 130.50 2024-12-31: EPS 139.09 2025-03-31: EPS 94.83 2025-06-30: EPS 108.54 2025-09-30: EPS 112.33 2025-12-31: EPS 120.85 2026-03-31: EPS 67.76 2026-06-30: EPS 83.96 0B 1.4B 2.8B $B 0.00 76.50 153.00 2016201720182019202020212022202320242025202606/26 Revenue EPS

Quarterly figures, revenue up to 10 years back; EPS split-adjusted, early quarters hidden when not calibrable

P/E (TTM) over time
4Y median 15 9 14 19 20222023202420252026

P/E = close around day 47 after quarter-end ÷ TTM EPS then; this is a consistent valuation date, not the company’s actual filing date; loss quarters hidden

Quarterly free cash flow
0K405M811M 20162017201820192020202120222023202420252026
Latest quarter $335M (2026-03-31)

FCF = operating cash flow − capex, computed from SEC XBRL; banks/insurers have no standard cash-flow structure and are hidden

As of 2026-06-30 · SEC filings (XBRL)

Email me the next update

2026 Q3 holdings are due 2026-11-16. We will email you when the refreshed lists are live.